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Maritsa 3 TPP AD (Bulgaria)

Main Activities: Fossil Fuel Electric Power Generation | Steam and Air-Conditioning Supply
Full name: Maritsa 3 TPP AD Profile Updated: November 01, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Local thermal power plant Maritsa 3 TPP AD, which was commissioned in 1951, is located in the southern town of Dimitrovgrad. The power plant features a 120-megawatt power block and a steam-boiler installation.
In the spring of 2003, Bulgarian government floated a 49% stake of the power plant on the local bourse. In May 2003, Sofia-registered firm Topgroup – controlled by local energy sector heavyweight Hristo Kovachki – acquired the stake for EUR 3.4 million. The businessman gained control over the plant in November 2003 by purchasing another 2.0% of the plant's equity. In December 2003, local company Draft acquired a 46.01% stake in the utility for an undisclosed sum.
In August 2006, Bulgaria's energy regulator granted a trading licence to the private thermal power plant to buy and sell electricity on the domestic market.

Headquarters
Industrial zone
Dimitrovgrad; Haskovo; Postal Code: 6400

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Website: http://tec-marica3.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
June 30, 2000
Key Executives
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Chairman
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Chief Executive Officer
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Member of the Management Board
Ownership Details
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49%
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46.01%
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2%
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2%
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0.938%
Subsidiaries
Marica Energy Ltd EOOD
Maritsa Energy Eood
Company Performance
Financial values in the chart are available after Maritsa 3 TPP AD report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BGN. Absolute financial data is included in the purchased report.
Net sales revenue
-42.48%
Total operating revenue
-48.89%
Operating profit (EBIT)
91.99%
EBITDA
N/A
Net Profit (Loss) for the Period
81.2%
Total assets
-4.33%
Total equity
-7.27%
Operating Profit Margin (ROS)
69.59%
Net Profit Margin
62.02%
Return on Equity (ROE)
-6.81%
Debt to Equity Ratio
4.33%
Quick Ratio
-0.21%
Cash Ratio
-0%

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